ProShares UltraShort MSCI Japan (EWV)
ProShares UltraShort MSCI Japan operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $16.02, down 2.93% on the session, giving a market capitalisation of $5.0M. Its beta of -1.22 implies it has historically moved less than the broad market.
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of the large and mid-cap segments of the Japanese market. Under normal circumstances, the fund will obtain inverse leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
ProShares UltraShort MSCI Japan is most often compared with the following Financial Services names: